Pivot points provide support and resistance levels, but is different in that they aren't as subjective as Fibonacci levels. A pivot point is an indicator that is very similar to Fibonacci levels.

The phrase “pivot points” in relation to Forex trading is often misunderstood. Many traders believe it refers only to the daily pivot point, calculated as an average of: the high, the low and the ...

When combined with other technical tools, pivot points are valued among day traders for their ability to analyze price movement and more. Updated Feb 9, 2023, 1:24 p.m. Published Oct 6, 2018, 9:30 a.m ...

The forex market is perceived to be one of the most complex financial markets to trade, because of its high volatility and price sensitivity. A minor sociopolitical or geographic development can ...

With so many traders piling into long positions on the euro, it's little wonder the market capsized, says John C Burford. Here, he uses two essential charting methods to set his next target. The euro ...

Richard Lee is a specialist in foreign exchange markets, contributing to a number of online platforms, including Yahoo Finance and DailyReckoning. Gordon Scott has been an active investor and ...